(adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: "ca-pub-8679583308408160", enable_page_level_ads: true });

Saturday, June 26, 2021

Suntec Reit

 Chart wise, bearish mode! 

Need a good rebound to take it back above 1.50 level in order to reverse this downtrend!




NAV 2.05. Yield is about 6%.

Gearing is slightly above 41% of which I think is the current industry norm that allows up to a max of 50.

They have grade A commercial properties and retails mall. Exhibition centre and freehold properties in Australia. The management has been doing their part of acquiring new assets during market weakness which is a good move plus yield accretive.


I think price has come back to quite an interesting level.


Not a call to buy or sell.

Pls dyodd.


No comments:

Post a Comment